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1061 Canfield Cir SE, Palm Bay, FL 32909

3 beds • 2 baths • 1505 sqft

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This property looks like a bad Mid-Term investment with a projected -2.72% first-year return on $86,313 initial cash invested.

-2.72%

Cash On Cash

5.63%

Cap Rate

0.95

DSCR

$2,973

Rent

-$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,313

Downpayment

20%

$65,060

Closing costs

1%

$3,253

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,973

Total Expenses

$3,169

Mortgage P&I

54%

$1,602

Property Taxes

11%

$338

Home Insurance

4%

$116

HOA

3%

$102

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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